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Steel product prices fall
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PRICES of steel products dropped in September despite falling output, underlining continued difficulties to digest supplies in the bloated sector, according to data from the National Development and Reform Commission.
Last month, the steel price index was at 61.73, down 2.58 percentage points from August, the NDRC said in an online report.
In the first three quarters, crude steel production dropped 2.1 percent year on year to 608.94 million tonnes, according to the NDRC.
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